Srivari Spices and Foods Balance Sheet Health
Financial Health criteria checks 3/6
Srivari Spices and Foods has a total shareholder equity of ₹239.9M and total debt of ₹192.7M, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are ₹547.6M and ₹307.7M respectively. Srivari Spices and Foods's EBIT is ₹117.2M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹1.7M.
Key information
80.3%
Debt to equity ratio
₹192.74m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹1.70m |
| Equity | ₹239.88m |
| Total liabilities | ₹307.74m |
| Total assets | ₹547.62m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SSFL's short term assets (₹480.7M) exceed its short term liabilities (₹265.0M).
Long Term Liabilities: SSFL's short term assets (₹480.7M) exceed its long term liabilities (₹42.7M).
Debt to Equity History and Analysis
Debt Level: SSFL's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: Insufficient data to determine if SSFL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SSFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SSFL's interest payments on its debt are well covered by EBIT (6.9x coverage).